Brady ended the year strong with the acquisition of energycredit, a company with specialised domain expertise in credit risk to the energy and commodity markets. The acquisition was completed to enhance Brady’s presence as a global risk management solution provider.
Brady acquired ScrapRunner, the leading product designed specifically for the scrap metal recycling industry for managing complex container pickup and delivery scheduling, tracking the location of containers and reporting on the activity and location of trucks using Global Position System
SAI was the market leader in recycling software which highly complemented Brady’s existing market leading metals and concentrates trading business. The acquisition also provided both product and domain knowledge along with human capital, as Brady expanded its presence in the
By bringing syseca into the Brady group, a team of energy experts in the physical power scheduling space was acquired. Syseca provided a European-wide scheduling and balancing solution covering the major Transmission System Operators, which further complemented the Brady Energy
The Navita acquisition brought additional energy expertise and client base to the Group. A significant company in the physical power markets, it offered a vital contribution to Brady PLC as a whole. It helped to consolidate the company’s position as
Late 2010 saw Brady’s entrance into the energy market. This was a natural progression, as Brady has estimated that more than 60% of its customers were actively trading energy. The acquisition of Viz Risk Management was therefore an excellent entrée
The Viveo acquisition proved to be an excellent fit, offering customers a globally deployed end to end solution for physical and future contract administration, risk management, physical trading, profit and loss analytics, inventory management, trade finance and document management with
Brady successfully acquired Commodities Software (UK) Ltd (Comsoft), which focused on raw materials and concentrates. As Comsoft was the market leader in raw materials and concentrates trading solutions, the acquisition complemented Brady’s leading position in derivative and refined metal trading.
Recognising the opportunities open to the company within this dynamic and fast paced industry, Brady recruited a new management team to further the growth of the business. Gavin Lavelle was appointed as Chief Executive Officer and Paul Fullagar as Chairman.
Brady was listed on AIM to provide extra stability, strength and visibility of governance to customers. The public listing provided the company with ready access to capital from supportive investors in order to further growth through acquisition to complement its